Delta Electronics

{{Short description|Taiwanese computer fan and switching power supply manufacturer}}

{{Confused|Delta Computer|Delta Faucet Company|Delta Hotels|Delta Air Lines}}

{{Infobox company

| name = DELTA

| logo = File:DeltaPSU-Logo.svg

| type = Public

| traded_as = {{TSE|2308}}

| industry = Electrical equipment

| founded = {{Start date and age|1971|4|4}}
{{Nowrap|Reorganized on 20 August 1975}}

| founder = Bruce CH Cheng

| hq_location_city = RueyKuang Road 186, Neihu District, Taipei (Business)

Xingbang Road 1 31, Guishan District, Taoyuan

| hq_location_country = Taiwan

| key_people = Bruce CH Cheng (Hon. Chairman)
{{Nowrap|Hai Ying Jun "Yancey" (Chairman)}}
Cheng Ping (CEO)

| products = {{hlist|data center infrastructure|electronic components|embedded power supplies|thermal fan management|capital communications components|industrial automation|telecom power systems|uninterrupted power systems|renewable energy|vehicle electronics|electric vehicle charging equipment|networking Products|video and imaging Systems|LED lighting|medical devices|Innergie Consumer Power Products|Vivitek HD Projectors|Eltek Power Systems|Delta Controls building automation}}

| revenue = {{increase}} {{US$|13.07 billion|link=yes}} (2023)

| operating_income = {{decrease}} {{US$|1.33 billion}} (2023)

| net_income = {{increase}} {{US$|1.27 billion}} (2023)

| assets = {{nowrap|{{increase}} {{US$|8.47 billion}} (2023)}}

| equity = {{increase}} {{US$|7.91 billion}} (2023)

| num_employees = {{increase}} 83,000 (2023)}}

Delta Electronics, Inc. (also known as DELTA or Delta Electronics) is a Taiwanese electronics manufacturing company. Its headquarters are in Neihu, Taipei. It is known for its DC industrial and computer fans, data center rectifiers and switching power supplies. The company operates approximately 200 facilities worldwide, including manufacturing, sales, and R&D centers.{{cite news |last=Cummings |first=Kevin |url=https://dallasinnovates.com/delta-electronics-taps-plano-for-its-new-rd-and-manufacturing-center/ |title=Delta Electronics Taps Plano for Its New R&D and Manufacturing Center |work=Dallas Innovates |date=2022-07-06 |accessdate=2022-07-14 }}

Overview

Delta is a major supplier of power components to Apple and Tesla.{{cite web |last1=Hille |first1=Kathrin |title=Taiwanese Apple and Tesla contractor cuts China headcount by almost half |url=https://www.ft.com/content/194de653-608f-480b-9871-3ebdfb6bcbbb |website=ft.com |publisher=Financial Times |access-date=18 December 2021}}

Delta is a member of the Taiwan Climate Partnership. The company is committed to reaching net-zero carbon emissions.{{cite web |last1=Oung |first1=Angelica |title=Decarbonization starts at home: Delta Electronics |url=https://www.taipeitimes.com/News/biz/archives/2021/12/02/2003768846 |website=taipeitimes.com/ |date=2 December 2021 |publisher=Taipei Times |access-date=18 December 2021}}

Environmental, Social and Governance

Delta has long history of being a leader in the environmental, social, and governance (ESG) space. Among companies based in Taiwan, it was the first to issue a Corporate Social Responsibility (ESG) report in 2005, and publishes a new report annually.{{cite web |last1=Delta Electronics |title=Delta Electronics ESG Report 2022 |url=https://filecenter.deltaww.com/about/download/2022_Delta_ESG_Report_EN.pdf |website=deltaww.com |publisher=Delta Electronics |access-date=26 September 2024}} It has been listed on the Dow Jones Sustainability Indices for 14 consecutive years and has achieved a top 10% S&P Global CSA score in its most recent 2024 ranking.{{cite web |last1=S&P Global |title=S&P Global Sustainability Yearbook |url=https://www.spglobal.com/esg/csa/yearbook/2024/ranking/# |website=spglobal.com |access-date=26 September 2024}}

Delta was named 24th in Time Magazine's 2024 ranking of the world's most sustainable companies.{{cite web |title=Time Magazine Most Sustainable Companies 2024 |url=https://time.com/collection/worlds-most-sustainable-companies-2024/ |website=time.com |publisher=Time |access-date=26 September 2024}} In addition, Delta was awarded double A-list ratings for the third time in a row by the CDP (formerly Carbon Disclosure Project) in their most recent 2024 ratings.{{cite web |title=Carbon Disclosure Project (CDP) A-list 2023 |url=https://www.cdp.net/en/companies/companies-scores |website=cdp.net |publisher=CDP |access-date=26 September 2024}}

The company has engaged in a joint project with the National Museum of Marine Science and Technology to engage in coral reef restoration off the northeast coast of Taiwan. Through an ambitious diving program helmed by forty volunteer divers who are also Delta employees, the company plans to transplant and breed over a thousand corals to the marine protected areas around Tawan. The coral breeding project adopts cryopreservation techniques and Delta's own LED lamps for restoration of the delicate ecosystem.{{cite web |last1=Crook |first1=Steven |title=Environmental Impact Assessment: Can lab-raised corals help Taiwan save its dying reefs? |url=https://www.taipeitimes.com/News/feat/archives/2024/06/26/2003819896 |website=taipeitimes.com |publisher=Taipei Times |access-date=26 September 2024}}

Delta's U.S. headquarters in Fremont, California, was built in 2016. It showcases many of Delta's own green energy and building automation products in its build. Prominently, it features a geothermal heat pump system and a full rooftop solar system. Delta's own products are most visible through the photovoltaic power generating systems on the roof and carports, the electric vehicle charging stations throughout the property, and managed LED lighting systems. The building was awarded a LEED Zero Energy certification in 2022, an upgrade from the LEED Platinum designation it achieved at the time it was built. At the time of completion, it was the first green building with net-zero energy consumption in the city of Fremont and only the second in the San Francisco Bay Area{{cite web |last1=Nieminen |first1=Robert |title=New Tech Headquarters Becomes the First LEED Zero Energy-Certified Green Building in Fremont, CA |url=https://www.buildings.com/case-studies/article/33008409/new-tech-headquarters-becomes-the-first-leed-zero-energy-certified-green-building-in-fremont |website=buildings.com |publisher=buildings.com |access-date=26 September 2024}}

History

File:Fremont by day.jpg

File:Delta Electronics Thailand.jpg

Delta Electronics{{cite web |url=http://www.deltaww.com/about/company_ch.aspx?secID=5&pid=0&tid=0&hl=en-US |title=About Delta |publisher=Delta |access-date=2015-03-12}} was founded in 1971 in Xinzhuang Town, Taipei County (now Xinzhuang District, New Taipei City). Its first products were TV deflection coils, electronic components and winding magnetic components. It is also a supplier of cooling components.{{Citation |title="Solid Power, the Business Philosophy of Bruce Cheng and Delta Electronics". Taipei. |publisher=Yeu-Wen Chang |pages=245–249 |date=2018}}{{Citation |title=Taiwanese electronics tycoon relishes change |publisher=Financial Times. June 6th, 2011. |date=2018-04-18}} On August 20, 1975, Delta Electronics was reorganized into a company limited by shares.{{Cn|date=December 2021}}

As a result of the US-China trade war, Delta cut its headcount in China by more than half and expanded operations in India and Southeast Asia.

In 2023, Delta totaled NT$401.2bn (approximately US$13B) in sales.{{cite web |last1=Delta Electronics |title=Delta FY2023 Financial Report |url=https://filecenter.deltaww.com/IR/download/annual_report/2023annual.pdf |website=deltaww.com |publisher=Delta Electronics |access-date=26 September 2024}}

In December 2021, the company announced the acquisition of United States–based Universal Instruments Corporation for approximately 89 million dollars. The more than 100-year-old Universal Instruments will continue to operate independently and without a change in management. Universal holds more than 500 automation related patents.{{cite news |last1=Wu |first1=Jeffery |last2=Huang |first2=Frances |url=https://focustaiwan.tw/business/202112180011 |title=Delta Electronics to acquire U.S.-based precision automation firm |work=Focus Taiwan |date=2021-12-18 |accessdate=2021-12-18 }}

In July 2022, Delta announced that they would be expanding their Plano, Texas facility with the addition of a 400,000-square-foot manufacturing, research, and development hub that could require "hundreds" of new employees and operate on 100% renewable energy by 2030.

Subsidiaries

Delta Electronics (Thailand) Public Company Limited was founded in 1988. The company is a subsidiary of Delta Electronics, Inc. Delta Thailand has become the regional business head office and manufacturing center in India and Southeast Asia. The company primarily manufactures power management and electronic components, including power supply units, fans, electromagnetic interference filters (EMI) and solenoids. Delta's current power management products include power systems for AI data centers, information technology, automotive, telecommunications, industrial applications, office automation, medical industries, EV chargers, DC-DC converters and adapters.{{cite web |url=https://www.deltathailand.com/en/delta-overview |title=About Delta Electronics Thailand |publisher=Delta Thailand|access-date=2020-04-15}} In March 2023 Delta Electronics (Thailand) surpassed Airports of Thailand to become the most valuable publicly traded company in Thailand.{{cite web |last1=Thomson |first1=Jono |title=Taiwan's Delta becomes Thailand's most valuable company |url=https://www.taiwannews.com.tw/en/news/4828011 |website=taiwannews.com.tw |date=6 March 2023 |publisher=Taiwan News |access-date=6 March 2023}}
Delta International Holding Limited B.V.
DELBio{{cite web |title=About Us |url=http://www.delbioww.com/en/Home/AboutUs |website=www.delbioww.com |publisher=Delbio |access-date=18 December 2021}}
Eltek{{cite web |title=This is Eltek - an overview |url=https://www.eltek.com/us/top-menu/about/this-is-eltek---an-overview/ |website=eltek.com |publisher=Eltek |access-date=18 December 2021}}
TB&C Group{{cite web |last1=Ting-ting |first1=Han |last2=Hsin-Yin |first2=Lee |title=Delta Electronics acquires German EV component provider TB&C |url=https://focustaiwan.tw/business/202306160006 |website=focustaiwan.tw |date=16 June 2023 |publisher=Focus Taiwan |access-date=20 June 2023}}
Delta Controls{{cite web |last1=Shepherd |first1=Jeff |title=Delta Acquires Delta Controls for CDN$220 Million |url=https://eepower.com/news/delta-acquires-delta-controls-for-cdn220-million/# |website=eepower.com |publisher=EE Power |access-date=27 September 2024}}
Cyntec Electronics{{cite web |last1=Chen |first1=Meiling |title=Cyntec becomes wholly-owned subsidiary of Delta |url=https://www.digitimes.com/news/a20091221PR203.html |website=digitimes.com |publisher=Digitimes Asia |access-date=27 September 2024}}
Vivotek{{cite web |last1=Honovich |first1=John |title=Vivotek Delta Acquisition Concludes |url=https://ipvm.com/reports/vivotek-to-acquire |website=ipvm.com |publisher=IPVM |access-date=27 September 2024}}
Amerlux Lighting{{cite web |title=Amerlux Joins Delta Group, Accelerating Product Development |url=https://blog.amerlux.com/amerlux-joins-delta-group-accelerating-product-development/ |website=blog.amerlux.com |publisher=Amerlux |access-date=29 September 2024}}
March Networks{{cite web |title=Delta, VIVOTEK Parent Company, to Acquire March Networks |url=https://www.sdmmag.com/articles/99984-delta-vivotek-parent-company-to-acquire-march-networks |website=sdmmag.com |publisher=SDM Mag |access-date=27 September 2024}}
Universal Instruments{{cite web |last1=Zopff |first1=Jeff |title=Universal Instruments Now a Proud Member of Delta Electronics’ Industrial Automation Business Group |url=https://www.uic.com/universal-instruments-now-a-proud-member-of-delta-electronics-industrial-automation-business-group/ |website=uic.com |publisher=Universal Instruments |access-date=27 September 2024}}